December 14, 2013 1:52 pm
Having hit the strongest level in 7-1/2 months, natural gas erased daily advances on Friday, as investors locked in gains. On Thursday, an EIA report showed US inventories fell below expectations last week. However, natural gas remained supported as weather forecasts continued to call for bellow-normal temperatures across most of the densely-populated US areas. On […]
Read moreDecember 14, 2013 10:23 am
Gold rose on Friday amid signs of low US inflation, which reduced speculations that the Fed will taper its stimulus program next week. Assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were reduced by the largest daily amount in nearly two months on Thursday and fell to the lowest since January 2009, adding […]
Read moreDecember 13, 2013 4:01 pm
Grain futures declined on Friday, with wheat touching 4-month lows. Corn and soybeans lost ground as well. On the Chicago Board of Trade, corn for March delivery declined 0.69 percent to $4.3062 a bushel by 15:44 GMT. Futures held in a range between day’s high and low of $4.3488 and $4.2838 per bushel, respectively. On […]
Read moreDecember 13, 2013 1:45 pm
Natural gas moved off yesterdays 7-1/2-month high after EIAs Thursday report showed US inventories fell below expectations last week. However, the energy source remained supported as weather forecasts continued to call for bellow-normal temperatures across most of the densely-populated US areas. On the New York Mercantile Exchange, natural gas for delivery in January declined by […]
Read moreDecember 13, 2013 9:59 am
Gold traded mostly unchanged on speculations demand will pick up after the metal registered yesterday the largest daily loss in four weeks. Strong US retail data raised concerns that the Fed might trim its asset purchasing program as early as next week. Assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were reduced by […]
Read moreDecember 13, 2013 8:31 am
West Texas Intermediate crude is headed to a weekly loss and its European counterpart is set to record the biggest weekly decline since October amid speculations the Federal Reserve might trim its quantitative easing program next week, prompted by a recent series of upbeat economic data. Rising refined product inventories in the worlds top consumer, […]
Read moreDecember 12, 2013 4:10 pm
Natural gas kept most of its gains but eased off a recently hit 7-1/2-month high following EIAs report that showed US inventories fell below expectations last week. The energy source however remained supported as long-term weather forecasts continued to call for freezing cold temperatures across most of the densely-populated US areas. On the New York […]
Read moreDecember 12, 2013 3:45 pm
Grain futures declined on Thursday, with corn retreating amid growing speculations that China, the second biggest importer, could probably reject more U.S. cargoes containing an unauthorized, genetically modified substance. On the Chicago Board of Trade, corn for March delivery declined 0.96 percent to $4.3438 a bushel by 15:25 GMT. Futures held in a range between […]
Read moreDecember 12, 2013 12:56 pm
Natural gas rose to the highest since May 1st ahead of a government report that may show a larger-than-average withdrawal in US inventories last week. Long-term weather forecasts continued to call for freezing cold temperatures across most of the densely -populated US areas. On the New York Mercantile Exchange, natural gas for delivery in January […]
Read moreDecember 12, 2013 9:39 am
Gold fell on Thursday on increased bets for a reduction in Feds assets purchases after US lawmakers reached a compromise on a two-year budget accord that would lift the fiscal uncertainty. Assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were reduced to reach the lowest since January 2009 , adding to bearish sentiment. […]
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